FTSE 100 Edges Lower In Cautious Year-end Trade

RTTNews | 242 dias atrás
FTSE 100 Edges Lower In Cautious Year-end Trade

(RTTNews) - U.K. stocks traded lower on Monday as investors adopted a cautious stance ahead of the year end.

A selloff in U.S. shares on Friday weighed on sentiment, heading into the new year.

All three major averages sold off Friday, with the tech-heavy Nasdaq Composite falling nearly 1.5 percent, thwarting the seasonal Santa Claus rally.

Closer home, the benchmark FTSE 100 dipped 28 points, or 0.3 percent, to 8,122 after closing up 0.2 percent on Friday.

Shares of aerospace company Rolls-Royce Holding fell about 1 percent.

South Korea's transport ministry said it was "reviewing plans to conduct a special inspection on (Boeing) B737-800 aircraft" after a flight from Bangkok to Muan International Airport in South Korea crash landed, killing 179 of 181 people on board.

read more
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 3h 0min atrás
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 3h 43min atrás
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 4h 13min atrás
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 5h 27min atrás